The National Association Of Realtors

When searching for a real estate agent to help you with the sell of your home, you have probably heard that it is best to select someone that is a Realtor. What you may not realize is that there is a difference between a Realtor and a real estate agent or broker. While a real estate agent or broker is not a member of the National Association of Realtors whereas a realtor is. But, what exactly is the National Association of Realtors and why should you be concerned about whether or not your agent or broker is a member?

Reducing Risks with the National Association of Realtors

Established in 1908 as the National Association of Real Estate Exchanges, the National Association of Realtors was built on the concept of regulating real estate agents and ensuring consumers receive the best service possible.

To become a member of the National Association of Realtors, the professional must complete certain educational requirements that are in addition to those required to become a real estate salesperson.

In addition, members of the National Association of Realtors must agree to abide by a code of ethics and Standards of Practice that have been established by the association. You can be certain your interests are protected – whether you are the buyer or the seller by following the code of ethics and the Standards of Practice.

Becoming a Member of the National Association of Realtors

Quite a number of people do not understand that there are actually different types of real estate professionals that can become members of the National Association of Realtors. Some of these professionals include:

Appraisers Commercial real estate brokers Counselors Immovable property managers Real estate salespeople Residential real estate brokers

Though their roles do very a bit, each of these professionals is heavily involved in the real estate transaction process. Real estate sales people are not as responsible or as educated as responsible as a real estate broker. Still, both can assist you in the house buying process. In the same fashion, a commercial real estate broker specializes in helping in transactions having to do with commercial or industrial properties while residential real estate brokers assist with transactions having to do with residential homes.

The National Association of Realtors, with a history that is almost 100 year old, is well established and greatly respected in the industry. You are taking the initial step toward enjoying a successful house buying or selling experience when you decide to work with a realtor that belongs to the association.